The Hershey and Tootsie Roll Company's Final Report

4228 WordsNov 7th, 200517 Pages

Everyone remembers going around as a child for one night of the year dressed up as his or her favorite ghoul or storybook character and returning home with a sack full of delicious candies. There were always a variety of candy types, but most of these candies were usually made by two of the major companies in the industry. The Hershey Company and the Tootsie Roll Company were both well represented on this night. Both companies made so many different types of candies for young children to enjoy that the names would forever be imbedded in their minds. These treats were not just for the children, but for the children in all the adults as well. Taste and memories alone are not good enough for the companies to have had as long a tradition as…show more content…

Hershey concentrates on a variety of chocolate products ranging from powder form to an assortment of candy bars, including the famous Hershey Kiss®, to the wholesaling of large decadent chocolate products for other smaller chocolate candy manufacturers.
Stock Comparisions
Stocks between both Hershey Company and Tootsie Roll Industries are similar in nature; however, due to the vast line of products available between the two companies; Hershey comes out ahead with more products to their line. According to current stock numbers, though Tootsie Roll went public in 1922, Hershey, that went public in 1927, has remained the leader. As far as the lowest and highest stock prices have gone in the past 52 weeks, Tootsie Roll's lowest share price was $58.67; while Hershey's lowest share price came in at $29.25. Conversely, Tootsie Roll's highest stock price topped out at $31.96, while Hershey peaked at $65.19 a share.
Company Financial Information
The Hershey Company and Tootsie Roll Industries are two main confectionery companies. The Hershey Company makes many different products, including chocolate bars, Jolly Ranchers®, Reese's Peanut Butter Cups®, etc. Tootsie Roll Industries also has many different products, including, Tootsie Rolls®, Tootsie Pops®, Junior Mints, Sugar Daddys, and so forth. The "Tootsie Roll Industry is the largest lollipop producer in the world" (Hoovers, 2005, para. 1). Amongst all the confectionery companies nationwide, The

Tootsie Roll, Inc.
Sharon Ungar Lane, Bentley College
Alan N. Hoffman, Bentley College
INTRODUCTION: “Tootsie Roll’s good fortunes are an accumulation of many small decisions that were probably made right plus bigger key decisions, such as acquisitions, that have been made right, and a lot of luck.” Mel Gordon, CEO – Tootsie Roll, 1993
Tootsie Roll Industries, Inc., a niche candy maker, has often been voted one of Forbes magazine’s “200 Best Small Companies of America.” A top quality producer…

Liquidity Ratios:
Overall Tootsie Roll has better liquidity. Liquidity measures the short-term ability to pay obligations as they are expected to be due within the next year.
When working capital is a positive number, there is a higher likelihood that the company will be able to pay it liabilities. Is this case Tootsie Roll is more likely to be able to pay their liabilities because they have a positive working capital and Hershey’s is negative.
The current ratio indicates the ability…

The Tootsie Roll Expansion Project; Growth to Solidify the Future
ACC/561
September 26, 2011
Jared Jones
The Tootsie Roll Expansion Project; Growth to Solidify the Future
“Everyone loves the flavor of a tootsie pop” has been a popular phrase for years, a commercial jingle that reminds everyone of the wonderful taste, a memory from childhood that brings people from miles around to local candy stores seeking Tootsie rolls, whether it is a lollipop or a tootsie roll chocolate, everyone one is familiar…

The Hershey Company engages in the manufacture, marketing, distribution, and sale of various types of chocolate and confectionery, refreshment and snack products, and food and beverage enhancers in the United States and internationally. The Hershey Company sells its products through sales representatives and food brokers, primarily to wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, dollar stores, concessionaires…

Financial Statement Analysis Project--Hershey Corp. & Tootsie Roll Industries
Liquidity
Based on the ratio analysis performed, it appears that the Hershey Company’s liquidity is sufficient to meet cash needs and current obligations. The current ratio and current debt coverage ratios were decreasing from 2002 through 2004, which corresponds to an increase in short-term debt and a decrease in cash on the Company’s balance sheet over the same periods. Hershey attributes the increase in debt to corporate…

Financial Analysis: Hershey Corp. & Tootsie Roll Industries
Financial Analysis: Hershey Corp. & Tootsie Roll Industries
Hershey and Tootsie Roll are both companies in the confection industry. We compared both companies for the years 2004, 2005, and 2006 against each other and against the industry averages in order to make a decision about which company we would choose to invest in. The comparisons we used to make our decision were ratios for liquidity, solvency, and profitability. As a result…

Tootsie Roll Industries Inc. Loan Package
University of Phoenix
Tootsie Roll Industries Inc. Loan Package
Tootsie Roll Industry Inc. will be preparing a loan package to maintain ultimate company performance, maximize the company’s profits, and increase the shareholder’s value. Tootsie Roll Industry Inc. will be applying for a loan that will increase the company’s total liability by $17,449.50. A perfect loan package includes a concise executive summary…

Foods versus Tootsie Rolls Financial Comparison
A comparison of 2004 Hershey’s and Tootsie Roll, questions needed to determine which company is better off:
Are the company’s operations profitable?
To consider this I will be looking at the Income Statement. If the company’s revenue exceeds its expenses it will report net income or will report a net loss. This will report on the success or failure of the company’s operation by reporting its revenue and expenses.
Hershey Foods reports a net income…